News of economic indicators

INDEC: Economy grew 6% in the first quarter of 2022

23-06-2022 23:24 National statistics bureau reveals that unemployment remained stable in the first three months of the year, reaching 7%.

ANALYSIS

Argentina’s annual inflation reaches 61% as investors worry

14-06-2022 18:08 Price gains reach almost 61% in annual terms as investors worry about the government’s ability to pay its local debt.

ECONOMIC INDICATORS

Economy contracted more than expected in March, says INDEC

19-05-2022 17:58 Economic activity in Argentina grew 4.8% year-on-year in March, though it contracted 0.7% from the previous month.

PRICE HIKES

Brazil April inflation rate hits 26-year high

11-05-2022 16:18 Brazil's inflation rate hit a 26-year high for the month of April, the government said Wednesday, as spiralling prices continued to defy the central bank's push to rein them in.

economy

Economy shrank in January after strong finish to 2021

29-03-2022 17:14 Economic activity in January fell 0.5% from the previous month; Results signal a slowdown in growth ahead of finalising of IMF debt deal.

ECONOMIC INDICATORS

Economy misses fourth-quarter estimates, but has record year

24-03-2022 14:45 GDP rose 10.3% in 2021, the best performance since the series began in 2004, according to official data.

ECONOMIC INDICATORS

Argentina's manufacturing, construction shrink to start 2022

10-03-2022 19:46 Industrial production contracted 5.5% in January from previous month. Construction activity declined 3.9% in the same period.

ECONOMIC INDICATORS

GDP grew 10.3% in 2021 after three years of decline

25-02-2022 14:51 National statistics bureau confirms Argentina’s gross domestic product rose 10.3% in 2021 – first year of growth since 2017.

2022 FORECAST

IMF slashes 2022 global growth outlook, forecasts 3% rise in GDP for Argentina

26-01-2022 15:17 The Omicron variant of Covid-19 is creating an obstacle course for the global economy, which will slow growth this year, notably in the world's two largest economies, the IMF said Tuesday.

ECONOMIC INDICATORS

Argentina more than halves 2021 budget deficit amid IMF talks

21-01-2022 22:56 Argentina sharply reduced its budget deficit in 2021 as President Alberto Fernández tries to cut down on spending amid talks with the International Monetary Fund.

ECONOMIC INDICATORS

Argentina's trade surplus up by 17.7% in 2021

21-01-2022 22:49 Argentina closed out 2021 with a trade volume of US$141 billion, its biggest since 2013, and a surplus of almost US$15 billion, 17% higher than the previous year.

ECONOMIC INDICATORS

Economy grew 10.8% in first nine months of 2021, says INDEC

17-12-2021 02:23 Argentina's economy grew 11.9% year-on-year in the third quarter, according to INDEC.

ECONOMIC INDICATORS

Argentina’s economy posts strong third quarter rebound

16-12-2021 16:47 Gross domestic product rose 11.9% in the third quarter from a year earlier, rebounding thanks to vaccination and the re-opening of activities.

ECONOMIC INDICATORS

Economic activity rose 12.8% in August year-on-year

22-10-2021 02:27 Activity up 10.8% on previous year in first eight months of this year, according to data from INDEC national statistics bureau.

Price increases

World Bank rules out risk of hyperinflation in Argentina

06-10-2021 21:22 World Bank official plays down risk of hyperinflation in Argentina and says new agreement with International Monetary Fund regarding multi-billion-dollar debt will further reduce possibility.

Bloomberg

Economic activity slowed in July amid uneven recovery

28-09-2021 18:44 Argentina's economy grew 11.7% in July from a year ago; Activity expanded 0.8% on a monthly basis, a slower pace from June.

ECONOMIC INDICATORS

Argentina's economy shrank in second quarter amid worst Covid wave

21-09-2021 17:04 Gross domestic product fell 1.4% in the second quarter of 2021 compared to the previous period, government data shows.

BLOOMBERG

Peru’s economy rebounds by record 42% after slump last year

24-08-2021 09:00 Peru's GDP grew 41.9% in the three months through June from the same period a year earlier, when the nation suffered the most severe contraction of any major economy due to the Covid-19 pandemic.

BRAZIL UNDER BOLSONARO

Unemployment in Brazil hit record 14.7% in first quarter

27-05-2021 12:24 Unemployment in Brazil reached a record level of 14.7% in the first quarter of the year, 2.5 points up compared to the same period in 2020, official sources reported on Thursday.

PRICE RISES

Argentina can’t overcome its chronic inflation issue

24-04-2021 01:41 In the first three months of 2021, price rises showed no sign of slowing down. As well as being cause for concern for the government, businesses and citizens are feeling the pinch.

ECONOMIC INDICATORS

Argentina’s economy recovery slowed to a crawl in December

24-02-2021 17:52 Economic growth month-over-month slowed to a crawl of 0.9% growth in December, down from 1.4% in November.

ECONOMIC INDICATORS

Inflation continues to rise: Prices were up 4% in January

12-02-2021 01:00 INDEC national statistics bureau says prices rose by 4% in January, equal to December's rate.

ECONOMIC INDICATORS

Argentina posts first trade deficit since 2018 after port strike

27-01-2021 11:08 Country recorded a trade deficit of US$364 million in December, government data published Tuesday showed. While imports grew 25% in annual terms driven by an economic recovery, exports slumped by 34%.

ECONOMIC INDICATORS

Economic activity fell 3.7% in November year-on-year

27-01-2021 10:35 INDEC says activity contracted by 10.6% in first 11 months of 2020, but registered a 1.4 percent rise in November from previous month.

ECONOMIC INDICATORS

Economic activity contracted 7.4% in October year-on-year

24-12-2020 02:47 Economic activity contracted by 11.3% in the first 10 months of 2020, compared to the previous year, the INDEC national statistics bureau reports.